© WHERE WE LEND RIVERSIDE · CA
HARD MONEY LENDER RIVERSIDE
Hard money and private money loans for Riverside County investors in Riverside, Temecula, Murrieta, Corona and the desert cities, closed in 5-7 days.
CALL OR TEXT US (619) 617-2797
- GOOGLE RATING 150+ REVIEWS
- CLOSED LOANS SINCE 2022
- LOANS FUNDED ACROSS 46 STATES
- VETERAN OWNED Company NMLS 1416824 · Branch NMLS 2554618
Riverside County is where a lot of Southern California investing actually happens: the city of Riverside itself, Corona, Temecula, Murrieta and Menifee, Moreno Valley, and the desert cities of Palm Springs and Palm Desert. Loan Goat lends across the whole county on non-owner occupied property, from single-family flips and small multifamily to the vacation rentals of the desert cities and the commercial buildings along the inland corridors.
The programs run at the published terms: the bridge loan from 9.00% to 13.00%, up to 75% LTV and $25,000,000, fix and flip from 9.99% with up to 85% of the purchase and 100% of the rehab and first time flippers allowed, ground-up construction up to 80% LTC on 12 to 18 month terms, and the rental DSCR loan from 6.50% up to 80% LTV on 30 and 40 year fixed terms, short term rental income permitted. Our VP of commercial lending, Camille Cooper, is based in Palm Desert; the rest of the team underwrites and closes from San Diego and answers (619) 617-2797.
© RIVERSIDE MARKETS RIVERSIDE · CA
EVERY RIVERSIDE MARKET WE LEND IN
Riverside is the region page. Each row below is the page written for that city: what a loan costs there, the scenarios we see, the programs that apply and the questions borrowers ask.
- Moreno Valley Riverside County, out to San Bernardino, Rialto, Fontana.
- Corona Riverside County, out to Ontario, Rancho Cucamonga, Pomona.
- Murrieta Riverside County, out to Temecula, Oceanside, Moreno Valley.
- Temecula Riverside County, out to Murrieta, Oceanside, Carlsbad.
- Palm Springs Riverside County, out to Cathedral City, Desert Hot Springs, Rancho Mirage.
- Palm Desert Riverside County, out to Rancho Mirage, Indian Wells, La Quinta.
- Rancho Mirage Riverside County, out to Palm Desert, Cathedral City, Indian Wells.
- Indian Wells Riverside County, out to Palm Desert, La Quinta, Rancho Mirage.
- La Quinta Riverside County, out to Indio, Palm Desert, Indian Wells.
- Indio Riverside County, out to Coachella, La Quinta, Palm Desert.
- Coachella Riverside County, out to Indio, La Quinta, Indian Wells.
- Cathedral City Riverside County, out to Palm Springs, Rancho Mirage, Desert Hot Springs.
- Desert Hot Springs Riverside County, out to Palm Springs, Cathedral City, Rancho Mirage.
- Wildomar Riverside County, out to Lake Elsinore, Murrieta, Menifee.
- Lake Elsinore Riverside County, out to Murrieta, Menifee, Canyon Lake.
- Menifee Riverside County, out to Murrieta, Perris, Lake Elsinore.
- Perris Riverside County, out to Menifee, Moreno Valley, Lake Elsinore.
- Hemet Riverside County, out to San Jacinto, Menifee, Perris.
- San Jacinto Riverside County, out to Hemet, Beaumont, Moreno Valley.
- Banning Riverside County, out to Beaumont, Calimesa, Yucaipa.
- Calimesa Riverside County, out to Yucaipa, Beaumont, Banning.
- Canyon Lake Riverside County, out to Lake Elsinore, Menifee, Murrieta.
- Norco Riverside County, out to Corona, Eastvale, Jurupa Valley.
- Eastvale Riverside County, out to Norco, Corona, Chino.
- Jurupa Valley Riverside County, out to Eastvale, Norco, Fontana.
- Blythe Riverside County, out to Indio, Coachella, Needles.
© THE COST RIVERSIDE · CA
WHAT DO RIVERSIDE HARD MONEY LOANS COST
A Riverside County hard money loan costs interest, origination points and third-party closing costs, and Loan Goat publishes the first of the three on every program page. The table below is those starting rates and maximum leverage, unchanged. Points and fees are quoted on the Letter of Intent for the deal, because they depend on the loan size, the leverage and the property.
| PROGRAM | RATES | LEVERAGE UP TO | TERMS | LOAN AMOUNTS |
|---|---|---|---|---|
| BRIDGE LOAN | 9.00% to 13.00% | LTV 75% | 1 or 2 years | $150,000 to $25,000,000 |
| FIX & FLIP | 9.99% to 12.00% | LTV 85% of purchase, LTC 100% of rehab | 6 to 18 months | $250,000 to $10,000,000 |
| RENTAL DSCR | 6.50% to 9.99% Non-QM | LTV 80% | 5, 7, 30 and 40 year fixed | Sized to the property |
Starting rates for qualified borrowers, from the published terms cards. Points and fees are quoted on the Letter of Intent. Rates are subject to change without notice and are not a commitment to lend.
The bridge, fix and flip, construction and rental DSCR loans carry no prepayment penalty, and rehab interest is non-Dutch, charged on the drawn balance only. A file with a matured loan or a notice of default is read on the property and the exit, with a 650 minimum score on bridge, and a clean file can close in as quickly as 3 days.
© WHY LOAN GOAT RIVERSIDE · CA
WHY LOAN GOAT IN RIVERSIDE
- CLOSED LOANS SINCE 2022
- LOANS FUNDED ACROSS 46 STATES
- GOOGLE RATING
- REVIEWS
Loan Goat has closed 1.3K+ loans since 2022, funded $1.5B+ across 46 states, and holds a 5.0 Google rating with 150+ reviews. The process is four steps, application, documentation, Letter of Intent, close, and the standard is 5-7 days with processing done in-house. For a Riverside County investor competing with cash, that certainty is the product.
The company writes bridge, fix and flip, construction, rental DSCR, commercial and bank financing loans from one desk, so a Temecula flip becomes a DSCR rental at the end of the rehab, a Palm Springs furnished rental qualifies on its own income, and a Corona warehouse or a Riverside mixed-use building goes on the commercial programs without changing lenders.
THE PROCESS
- Complete your application
- Submit required documentation
- Sign your Letter of Intent
- We process and close your loan in 5-7 days
© LOAN SCENARIOS RIVERSIDE · CA
MOST COMMON RIVERSIDE LOAN SCENARIOS
- 1031 EXCHANGE Exchange buyers replacing a sold property with a Riverside County acquisition bridge the purchase inside the deadline and refinance afterward.
- AUCTION & HUBZU Online auction wins in the county close on a bridge or fix and flip loan approved before the bid.
- BANKRUPTCY BUYOUT Investors exiting a bankruptcy with equity in a county rental need business-purpose capital that looks at the asset first.
- BANK STATEMENT LOANS Self-employed buyers qualify on 12-24 months of bank statements on Non-QM loans from $200,000 to $10,000,000, with no tax returns or W2s required.
- FORECLOSURE AUCTION Trustee's sale buyers line up proof of funds and a hard money bridge that closes in as quickly as 3 days.
- FOREIGN NATIONAL Buyers without U.S. credit can use the DSCR program for county rentals, where DTI is not calculated.
- NON-WARRANTABLE CONDOS Condo buildings that fail conventional review are permitted on the rental DSCR loan.
- SELF-EMPLOYED Business owners borrow on the property for investments and on bank statements or a P&L for the home.
- VACATION RENTAL Furnished rentals in Palm Springs and Palm Desert qualify on the DSCR loan with short term rental income permitted.
- CASH OFFERS ONLY Cash-only listings across the county close on a hard money bridge with no appraisal needed in some cases.
© LOAN PROGRAMS NINE WAYS TO CLOSE
LOAN PROGRAMS AVAILABLE IN RIVERSIDE
- BRIDGE LOANS Acquire, recapitalize or stabilize with short-term capital that closes in days, not months. FROM 9.00% · LTV 75% · 1-2 YR
- FIX & FLIP LOANS Buy, renovate and sell or hold, with the rehab funded through draws and no prepayment penalty. FROM 9.99% · LTV 85% · 6-18 MO
- CONSTRUCTION LOANS Ground-up financing with flexible draws through every stage of the build. LTC 80% · 12-18 MO
- RENTAL PROPERTY LOANS Long-term DSCR, portfolio and multifamily term loans that qualify on the property's cash flow. FROM 6.50% · LTV 80% · 30 YR
- COMMERCIAL LOANS Hybrid-term financing for multifamily, mixed-use, retail, office and industrial in major metros. FROM 7.90% · LTV 70% · 1-15 YR
- OWNER OCCUPIED LOANS Short-term bridge financing on the home you live in, with a refinance into a conventional or jumbo loan as the exit. FROM 10.50% · LTV 70% · 11-12 MO
- BANK FINANCING Bank statement, P&L-only and SBA programs for business owners outside the standard mortgage box. TERMS 5 TO 30 YR
- SECOND & THIRD MORTGAGES Second and third lien position loans behind an existing first mortgage. 12-36 MO · BUSINESS PURPOSE
- BLANKET / CROSS-COLLATERAL LOANS One loan across several properties, cross-collateralized when a single asset will not carry the deal. FROM 8.99% · 1-3 YR
© PROPERTY TYPES RIVERSIDE · CA
PROPERTY TYPES WE FINANCE IN RIVERSIDE
- MULTI-FAMILY Duplexes to apartment buildings in Riverside, Moreno Valley and Corona on bridge, DSCR and commercial programs.
- MIXED-USE Retail-over-residential buildings on the county's older commercial streets, up to 70% LTV.
- RETAIL Strip centers and free-standing retail with a repositioning or refinance plan.
- INDUSTRIAL & WAREHOUSE Warehouse and flex space along the inland corridors, purchase, refinance and cash-out.
- HOSPITALITY: HOTEL & MOTEL Motel and boutique hotel repositioning in the desert cities, bridged to an SBA or conventional exit.
- SELF-STORAGE Storage facilities bridged through lease-up or to the next acquisition.
© THE APPROACH RIVERSIDE · CA
HOW WE LEND IN RIVERSIDE
The comparison table is the operating rulebook: high leverage, speed to close, reliable capital, low-doc requirements, in-house processes, lower rates where the deal earns them. When banks say no, we say yes; when a Riverside County deal does not pencil, we say so before the appraisal is ordered.
© GOOGLE REVIEWS 5.0 GOOGLE RATING · 150+ REVIEWS
RIVERSIDE BORROWERS, IN THEIR WORDS
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I referred my friend over to Milad and while they weren't ready to do a fix and flip just yet, Alex told me Milad was the first lender that actually explained the process, how constructions loans work, and answered all their questions. She...
MELANIE SANCHEZ -
As a business owner traditional lending doesn't fit my finances, which is why Loan Goat is a godsend. They are able to work with you, understand what you're trying to do and get it done.
NEVENKA MOROZIN -
The team at Loan Goat literally saved my life. I was in such a bind and didn't think I had anywhere else to turn. Even with my extensive knowledge in this field I felt I was going to lose everything. The team has insight and plans I never...
ELIJAH SCHOLER -
I referred my friend over to Milad and while they weren't ready to do a fix and flip just yet, Alex told me Milad was the first lender that actually explained the process, how constructions loans work, and answered all their questions. She...
MELANIE SANCHEZ -
As a business owner traditional lending doesn't fit my finances, which is why Loan Goat is a godsend. They are able to work with you, understand what you're trying to do and get it done.
NEVENKA MOROZIN -
The team at Loan Goat literally saved my life. I was in such a bind and didn't think I had anywhere else to turn. Even with my extensive knowledge in this field I felt I was going to lose everything. The team has insight and plans I never...
ELIJAH SCHOLER
© QUESTIONS RIVERSIDE · CA
RIVERSIDE HARD MONEY LOANS, ANSWERED
Straight answers to what borrowers ask before they call. Questions we answer elsewhere link to the page that owns them.
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All of Riverside County. The cities we see most are Riverside, Temecula, Murrieta, Corona, Moreno Valley, Menifee, Palm Springs and Palm Desert. Our VP of commercial lending is based in Palm Desert; loans are underwritten and closed from the San Diego office.
Hard money lending in California -
Yes. The rental DSCR loan permits short term rental income and ADU income, goes up to 80% LTV from 6.50% on 30 and 40 year fixed terms, and carries no prepayment penalty, so a furnished desert rental can qualify on what it earns.
Vacation rental financing -
Non-owner occupied residential (SFR, condo and townhome, 2-4 units) on the bridge, fix and flip, construction and DSCR programs; multifamily, mixed-use, retail, industrial, hospitality and self-storage on the commercial and hard money commercial bridge programs.
Property types we finance -
Rates run from 9.00% to 13.00% on the bridge loan, 9.99% to 12.00% on fix and flip, 6.50% to 9.99% on the Non-QM rental loan and from 7.90% on commercial for qualified borrowers, and construction is priced per project; points and closing costs are quoted on the Letter of Intent. Rates are subject to change and are not a commitment to lend.
Read the pricing guide -
The standard is 5-7 days from application to funding; the hard money residential bridge can close in as quickly as 3 days when title and valuation cooperate.
How borrowing works -
Credit is one input. The bridge loan floor is 650, fix and flip is 620 and ground-up construction is 600, and the file is underwritten on the property and the exit rather than on the score alone.
Bridge loan requirements -
Yes, on every loan, read alongside the property, the equity and the exit rather than as a gate.
Borrower FAQ -
Owner-occupied loans are consumer loans with their own rules. The VA Elite and VA IRRRL programs serve veterans on a primary residence, and the interest-only bridge states owner occupied OK. Tell us how the property will be used.
Owner occupied loans -
Request a quote on this page, apply online, or call (619) 617-2797 with the address, the price or value, the loan amount and the exit.
Apply now
© WHERE WE LEND RIVERSIDE · CA
RIVERSIDE, ROUTED FROM SAN DIEGO HQ.
- CLOSED LOANS SINCE 2022
- LOANS FUNDED ACROSS 46 STATES
- Lending footprint, 46 states
- Home markets: California and Arizona
- San Diego headquarters
© GET A QUOTE RIVERSIDE · CA
SUBMIT A LOAN REQUEST
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Or just give us a call now
(619) 617-2797
